Capital Square Completes Acquisition of 324-Unit FarmHaus Apartment Community Located in Huntsville Suburb of Madison, Alabama
November 1, 2022 | MultifamilyBiz
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of FarmHaus Apartments, a 324-unit Class A multifamily community located in the Huntsville suburb of Madison, Alabama.
“Huntsville is the epicenter of the military defense industry,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “With more PhDs and engineers per capita than any other city in the U.S., this tech-centric city is home to the nation’s second-largest research park, the U.S. Space & Rocket Center, and Redstone Arsenal that supports the national defense with large groups from the Department of Defense, Department of Justice, and NASA. Expanding Capital Square’s multifamily investment footprint in this stable and growing market just makes sense.”
